841 East 4th Avenue

Escondido, CA 92025

$1,850,000
Price
8
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fantastic 6 unit property in Old Escondido. Professionally maintained by owners with kid gloves since 1979. See maintenance history attached. All units occupied with long term leases. Significant rent growth opportunity - can increase rents the maximum allowed for 3 + years straight. All aspects of property professionally maintained including HVAC units, newer vinyl windows throughout, newer roof under warranty, copper plumbing replaced w/PEX, seamless gutters installed, flooring replaced where appropriate....Fantastic 6 unit property in Old Escondido. Professionally maintained by owners with kid gloves since 1979. See maintenance history attached. All units occupied with long term leases. Significant rent growth opportunity - can increase rents the maximum allowed for 3 + years straight. All aspects of property professionally maintained including HVAC units, newer vinyl windows throughout, newer roof under warranty, copper plumbing replaced w/PEX, seamless gutters installed, flooring replaced where appropriate. Four 2 bed-1 bath units in Apartment building includes 2 car garage for each unit! House is a 2/1 nicely upgraded with attached garage plus a studio. Quote to remove the pool for $14,000. Proforma CAP Rate w/o Pool = 4.9%!
  1. Listed by Ed Swauger • DRE #01376073 • Brokerage DRE #01940903 • Francis Taylor Properties

Property Details for 841 East 4th Avenue

Neighborhood
Old Escondido
City Postal ID
ESCONDIDO (92025)

Location

Listing Courtesy of Francis Taylor Properties, Ed Swauger, DRE #01376073
Add your commute
LISTING UPDATED: 04/26/2024 05:58 PM

Property Details for 841 East 4th Avenue

StatusPending
MLS #NDP2401724
Days on Market57
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units
Year Built-
Lot Size0.35 AC / 15,185 SF
CountySan Diego County

Location

Listing Courtesy of Francis Taylor Properties, Ed Swauger, DRE #01376073
Add your commute

Building Information for 841 East 4th Avenue

Stories2Residences-Year Built-Building Size-Lot Size0.35 AC / 15,185 SF

Payment Calculator

$10,096 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,096

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 841 East 4th Avenue

Summary Information
Property and Location
  • System ID: 306115462
  • Class: 2-4 UNITS
  • Levels: Split Level
  • Street Number Numeric: 841
  • Street Name: 4th Ave
  • Directions To Property: E 4th Ave and Date
HOA and Fees
  • Home Owner Fees: $0
  • CFD/Mello-Roos Fee: $0
  • CFD/Mello-Roos Fee Reflct: Year
Supplement
  • Supplement: Fantastic 6 unit property in Old Escondido. Professionally maintained by owners with kid gloves since 1979. See maintenance history attached. All units occupied with long term leases. Significant rent growth opportunity - can increase rents the maximum allowed for 3 + years straight. All aspects of property professionally maintained including HVAC units, newer vinyl windows throughout, newer roof under warranty, copper plumbing replaced w/PEX, seamless gutters installed, flooring replaced where appropriate. Four 2 bed-1 bath units in Apartment building includes 2 car garage for each unit! House is a 2/1 nicely upgraded with attached garage plus a studio. Quote to remove the pool for $14,000. Proforma CAP Rate w/o Pool = 4.9%!
Interior and Exterior Features
Exterior Features
  • Pool: Community/Common
Property Information
Property and Assessments
  • Total Stories: 2
  • Entry Only: No
  • Lot Size Source: City/County Records
  • Assessors Parcel Num: 2303210400
Utilities
  • Irrigation: Sprinklers
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 1
  • Unit 1 Num of Bedrooms: 2
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Rent Actual: $1,690
Unit 2
  • Unit Num for Unit 2: 2
  • Unit 2 Num of Bedrooms: 2
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Rent Actual: $1,995
Unit 3
  • Unit Num for Unit 3: 3
  • Unit 3 Num of Bedrooms: 2
  • Unit 3 Num of Total Baths: 1
  • Unit 3 Rent Actual: $1,690
Unit 4
  • Unit Num for Unit 4: 4
  • Unit 4 Num of Bedrooms: 2
  • Unit 4 Num of Total Baths: 1
  • Unit 4 Rent Actual: $1,550

Property History for 841 East 4th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 841 East 4th Avenue

This home is within Escondido Union School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Central Elementary School
PublicK to 5

Del Dios Middle School
Public6 to 8

Orange Glen High School
Public9 to 12

Classical Academy High School
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Listing Courtesy of Francis Taylor Properties, Ed Swauger, DRE #01376073

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